Rate Structure

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GST Council: Centre, states put off decision on rate to next month
Business

GST Council: Centre, states put off decision on rate to next month

A decision on GST rate was today put off to next month even as the Centre and states converged towards a consensus on levying a cess on luxury and sin goods in addition to the highest rate of tax in the new regime.

GST Bill: Congress' obsession with 18% rate is illogical; 20% is the number
Business

GST Bill: Congress' obsession with 18% rate is illogical; 20% is the number

A lot of research has gone into the 17-19 per cent standard GST rate recommendation proposed by the CEA Arvind Subramanian Panel, which has considered all the aspects.